Red Sea International started its activities in Saudi Arabia in 1976 and registered in Jeddah as a public joint stock company in 2006. In the first nine months of 2023, it reported total assets worth $239.7 million and revenues of $92.6 million. The company had a market cap of $162.1 million as of November 14, 2023. In August 2022, it signed two contracts with MDLBEAST for $15.7 million to manufacture and supply prefabricated steel structures. In December 2022, it signed a $51 million contract with the Royal Commission for AlUla to construct a turnkey housing complex. Amr Al-Dabbagh is also the chairman and CEO of Al-Dabbagh Group.